$SYRUP 6-hour MACD indicator has exhausted. Before reaching a new high, the time frame between previous high points and local low points is similar—the time interval from the last high to the new high is 25 days.

SYRUP has retraced from $0.66 for 15 days, along with a healthier macro environment.

Pay attention to the upward momentum here, especially with the total value locked (TVL) continuing to grow. A retracement to around 0.4 might be a good spot for entry in the market.

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